201 West 16th Street #7C, New York City, NY 10011
Listing Courtesy of Compass
$449,000
Potential Rebate: $6,735
Overview
CHELSEA STUDIO WITH ENDLESS POTENTIAL
Opportunity lives large in this sun blasted studio in the heart of Chelsea. Bring your vision and your contractor to create a home that suits your style AND your lifestyle.
Charming casement windows invite open city views and eastern light into this home with 9 ft beamed ceilings. There is currently tremendous storage including one walk-in closet in the main living space that could be removed to add a sleep alcove. Another large closet and dressing area add nice separation between the bathroom and living space. Even the kitchen floods with natural light!
There is no downside to transforming this diamond-in-the-rough into something quite special given the location and the building.
Situated in a well-run, prewar Co-operative at 201 W 16th Street. Residents here enjoy a caring building staff including a full-time doorman and live-in Super. Amenities include an absolutely stunning planted roof deck with iconic panoramic city views, lush plantings with many sitting and lounging areas. This pet-friendly building also offers private storage, bicycle storage, Fios and central laundry.
Convenient to Chelsea Market, the High Line, art galleries, fabulous restaurants and nightlife, shopping, marketing and all major transportation. It really doesn’t get better than this.
Home Features
- •Building Washer Dryer Install Allowed
- •Common On Floor
- •Common Area
- •High Ceilings
- •Walk-In Closet(s)
- •Hardwood
- •City
Estimated Monthly Payment
$3,680 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$6,735
Monthly savings impact
$19/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Compass
Data Source: TRESTLE #RLS20043817
Price Analysis
Compare average listing prices and value metrics for 201 West 16th Street against the surrounding Chelsea market.
Average List Price
Price Per SqFt
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
84.99% Lower
than the Chelsea price average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Chelsea
Art Galleries & High Line Living
\nChelsea is a cultural powerhouse. Known for its hundreds of art galleries, the High Line, and beautiful brownstone streets.
\nReal Estate & Housing Market
\nA mix of historic townhouses, pre-war co-ops, and ultra-luxury condos near the High Line. Very expensive.
\nLifestyle & Community
\nVibrant and diverse. The LGBTQ+ community has a strong historic presence. Chelsea Market draws foodies.
\nTransportation & Accessibility
\nC/E, 1, and F/M trains serve the area. Penn Station is at the northern border.
\nParks, Schools & Amenities
\nThe High Line is the crown jewel. Chelsea Piers offers massive sports facilities.
\nWho This Neighborhood Is Best For
\nBest for art lovers, active lifestyle enthusiasts, and those wanting a mix of historic and modern.
